Sale - Presell ₱7,100,000 min. - Beach-Front, Condotel
Chancellor Hotel Boracay, a project by Global-Estate Resorts, Inc., at the 150 hectares township development at Boracay Newcoast. It’s a condotel type, three clusters with 5th floors each. Design to gives you the best return of investment through profit-sharing by making your unit a hotel service.
The biggest and luxury development on the island of Boracay the world-famous beach.
- Trellis Garden
- Swimming Pool
- Wet lounge area
- In-pool jacuzzi
- Male and female shower and changing room
- Fitness center
- Megaworld Hotel by the beach
- All units have its own Condominium Certificate of Title
- All units are Fully-Furnished
- Income-generating investment through Profit-Sharing
- Rented or not rented, each investor will get a guaranteed income through profit-sharing
- The overall profit of the hotel will be shared by all unit owners.
- The bigger the size of the unit, the bigger the share.
- Even if no guest stays in your unit for 1 full year, you will still get your fair share through profit-sharing.
- Profit-sharing will start once the hotel is already operational and once the client is fully paid (paid in cash or approved bank loan)
- Turnover for Cluster A is October 31, 2021
- Turnover for Cluster B is April 31, 2022
- Turnover for Cluster C is Dec 31, 2022
- Turnover date + 6 months grace period
Boracay Newcoast Master Plan:
For more details, sample computation, site tour please don’t hesitate to leave a message. Please be informed no prior notice for any price increase and general plan changes.
- Project Status: Preselling
- Unit Availables: Executive, Junior, Queen, Twin Suites
- Total Floors: 5-Story
- Total Units: 192 (Cluster 1)
- Total Land Area: 10,065 sqm.
- HLURB LS No.: 031963
- Developer: Global-Estate Resorts, Inc.
Note: Please be informed this property is subject to checking the availability upon your inquiry.